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The BMO World Elite Business Mastercard earns BMO Rewards points and provides cardholders with two complimentary airport lounge passes annually.
Rewards Rates
The BMO World Elite Business Mastercard earns BMO Rewards points for all purchases made on the card:
- 4 BMO Rewards points for every dollar spent on gas, office supplies, cell phone services, and internet bill purchases (up to $50,000 in spend per calendar year).
- 1.5 BMO Rewards points for every dollar spent on all other purchases.
Redeeming BMO Rewards
BMO Rewards points can be redeemed for travel, merchandise, gift cards, a statement credit, or towards a cash investment in a BMO investment account.
The best value in redeeming your BMO Rewards points is to use them for travel purchases, booked through the BMO Travel Portal. When redeeming points towards bookings made through the travel portal, the redemption rate is 150 BMO Rewards points = $1 CAD.
Click to learn everything you need to know about the BMO Rewards program.
Benefits
BMO World Elite Business cardholders are eligible to receive complimentary membership to the Dragonpass lounge program, in addition to two complimentary airport lounge passes.
Cardholders will also get up to 7 cents off per litre on all Shell®± fuel*. This offer is available only to AIR MILES collectors who have linked their BMO credit card with their AIR MILES collector account. To receive the savings at the pump, the eligible AIR MILES collector number must be connected to your BMO credit card and the eligible AIR MILES collector number must be valid at the time of the purchase transaction.
Insurance Coverage
The BMO World Elite Business credit card offers seven types of insurance coverage:
- Travel accident insurance
- Trip cancellation and trip interruption insurance
- Rental car collision loss and damage waiver
- Delayed and lost baggage coverage
- Flight delay insurance
- Purchase protection
- Extended warranty coverage
Refer to the BMO World Elite Business insurance certificate for additional details, including terms and conditions for eligibility.
Other BMO Rewards Cards You Might Consider
| Credit Card | Welcome Bonus | Net Value | ||
|---|---|---|---|---|
 |
BMO Ascend World Elite Mastercard | 90,000 BMO Rewards | $603 | Apply |
 |
BMO eclipse Visa Infinite Card | 60,000 BMO Rewards | $402 | Apply |
 |
BMO eclipse Visa Infinite Privilege Card | 120,000 BMO Rewards | $305 | Apply |
 |
BMO eclipse rise Visa Card | 20,000 BMO Rewards | $134 | Apply |
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